PLEASE HELPP, ILL GIVE U A BRAINLIEST:How can Juan compare the amount of interest of the two plans he has been presented with? Juan will need to multiply … PLAN 1: In the first plan, Juan pays $456 for 36 months. 456 x 36 = $16,416. The cost of the car is $15,000. In order to find the interest, we have to find the difference between the total amount that Juan would pay and the cost of the car: 16,416 - 15,000 = $1,416 in interest.

PLAN 2: In the second plan, Juan pays $289 for 60 months. 289 x 60 = $17,340. The cost of the car is $15,000. In order to find the interest, we have to find the difference between the total amount that Juan would pay and the cost of the car: 17,340 - 15,000 = $2,340 in interest
1) What is the benefit to paying a higher monthly payment for less time?
2) What is the benefit to paying a lower monthly payment for longer?

Juan will need to multiply, 12 x 3 and 12 x 5,

to get your answer...

Step-by-step explanation:

PLAN 1: In the first plan, Juan pays $456 for 36 months. 456 x 36 = $16,416. The cost of the car is $15,000. In order to find the interest, we have to find the difference between the total amount that Juan would pay and the cost of the car: 16,416 - 15,000 = $1,416 in interest.

PLAN 2: In the second plan, Juan pays $289 for 60 months. 289 x 60 = $17,340. The cost of the car is $15,000. In order to find the interest, we have to find the difference between the total amount that Juan would pay and the cost of the car: 17,340 - 15,000 = $2,340 in interest.

Great work! In order to find out how much Juan will pay in interest for each plan (3 years versus 5 years), we have to start by finding out how many months are in 3 years and 5 years. Since there are 12 months in one year, you can multiply 12 x 3 and 12 x 5.

i hope this answers ya'll question, and especially to the person above me

like she/he is *Struggling*

that is the sum

step-by-step explanation:

there are no other answers without knowing the variables values